Ulta Beauty's Return On Capital Employed Insights
Portfolio Pulse from Benzinga Insights
Ulta Beauty (NASDAQ:ULTA) reported a 1.85% increase in Q1 earnings to $347.05 million, while sales decreased by 18.38% to $2.63 billion. The company posted a return on capital employed (ROCE) of 0.17%, indicating effective capital allocation.
May 26, 2023 | 2:52 pm
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Ulta Beauty's Q1 earnings increased by 1.85% and sales decreased by 18.38%. The company's ROCE of 0.17% indicates effective capital allocation.
Ulta Beauty's Q1 earnings increased by 1.85%, while sales decreased by 18.38%. The company's ROCE of 0.17% indicates effective capital allocation, which is a positive sign for the company's long-term success. However, the decrease in sales may offset the positive impact of the increased earnings and effective capital allocation, resulting in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100